Judd Legum

@JuddLegum ↗

Deleted No

Hibernated Yes

Last Checked Aug. 29, 2022

Created

Wed Nov 10 13:51:01 +0000 2021

Likes

600

Retweets

184

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

Judd Legum @JuddLegum

2. In a competitive economy, profit margins should approach zero (as long as there are reasonable substitutes) In the US, corporate profits as a share of the American economy have risen dramatically over the last two decades, from 5% of GDP to nearly 12% https://t.co/md7itT4Z8C https://t.co/RFbzJVhegQ — PolitiTweet.org

Posted Nov. 10, 2021 Hibernated

Preceded By

Judd Legum @JuddLegum

1. Everyone is talking about rising prices and there are a lot of factors that contribute to inflation but one important factor is almost never discussed: concentrated corporate power Follow along if interested https://t.co/md7itT4Z8C — PolitiTweet.org

Posted Nov. 10, 2021 Hibernated

Followed By

Judd Legum @JuddLegum

3. In other words, corporations are not being *forced* to raise prices to stay afloat. They are choosing to raise prices to maintain large profit margins because they have enough market power to do so without losing customers https://t.co/md7itT4Z8C — PolitiTweet.org

Posted Nov. 10, 2021 Hibernated